2217 Eastway Drive | Sinko Realty LLC
$699,000
Active

2217 Eastway Drive

Charlotte, NC, 28205

0 Bedrooms | 0 Bathrooms | 0 Sq Ft | 1.40 Acres
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Property Description

Development Opportunity – Imagine owning **1.4 acres** in one of Charlotte’s most vibrant growth corridors: 2217 Eastway Dr. This exceptional parcel offers a blank canvas for visionary developers, savvy investors, or families wanting to build a lasting urban legacy. Here, the potential is not just big—it’s transformative.
Outstanding Features: Generous Size: With 1.4 acres, there’s ample room for multiple development options: a luxury single-family home, duplex or triplex—depending on zoning and permitting requirements. There’s space for amenities, gardens or shared open areas, enabling a well-planned development that maximizes both density and quality of life.
Strategic Location: Eastway Drive is a connecting artery, close to commercial services, transit, schools, and major routes. Living or investing here means being connected to everything Charlotte has to offer, while benefiting from the growth that new developments bring to the area.
Flexible Use (with appropriate zoning): If the zoning allows for medium to high density, mixed use, or infill residential, this property could be adapted for:
1. Multiple-residential development: Several units—duplexes, triplexes, or four-plexes—making use of existing municipal services.
2. High-end single-family homes with spacious private lots, gardens, patios.
3. Mixed-use project with commercial or light office space at the front, transitioning to residential behind—extracting maximum utility and value from the land.
Upside in Value: In areas with strong residential demand and where zoning allows density or mixed-use, land values can increase rapidly. If developed now, with permits and good design, this parcel could yield substantial returns over time.
Enhanced Value Proposition (Based on Zoning Use): Assuming the zoning supports density or mixed use, this property becomes a strategic gem:
Infill strategy: Filling in underdeveloped parcels within the city avoids sprawl and is often encouraged by city policies.
Diversified income streams: Combining housing with small commercial uses (cafés, clinics, light offices) can generate recurring cash flow while preserving or increasing residential real estate value.
Urban lifestyle with space: For residents who want access to urban conveniences—shops, transit, amenities—but still value outdoor space, gardens, privacy, this offers the best of both.

2217 Eastway Dr is more than just land—it’s opportunity. A chance for those who see more than soil: who see community and the future. This site is ready for visionaries who want to build homes that serve the people of Charlotte or developments that set a standard. We invite those who know how to see not just what is, but what can be.
What N1-B Zoning Allows (and Requires)
From the Charlotte UDO / Neighborhood 1 Zoning Districts: Charlotte Unified Development Ordinance
Residential dwellings on lots 8,000 square feet or greater are permitted. read.charlotteudo.org
Permits single-family, duplex, triplex dwellings on all lots in this district. read.charlotteudo.org
Quadruplexes are allowed only on arterial streets, and only when an affordable housing unit is included in the dwelling.

Property Details

Property Type: Lot
Year Built: N/A
Living Area: 0 sq ft
Lot Size: 1.40 acres
Bedrooms: 0
Bathrooms: 0
Days on Market: 196
Water: City
Sewer: Public Sewer

Schools

Elementary: Unspecified
High: Unspecified

Financial Information

List Price: $699,000
HOA: No
Listing Information
Status: Active
MLS #: 4302907
Listing Firm: Realty of Charlotte
Listing Agent: Raul Gonzalez
Agent Email: queencityagent@gmail.com

Market Insights

Beta
Charlotte is a Buyer's Market

Inventory is high and competition is low. Buyers have more negotiating power.

Buyer's Market Seller's Market
150 Active Listings
20 Sold (Last 90 Days)
22.5 mo Inventory
-
93.1%
List to Sale Price
Homes typically sell for 7% below list price.
~
38 days
Avg. Days on Market
Homes typically go pending in about 5 weeks.
$
$161,000
Median Sale Price
Based on 20 recent sales

Estimated Monthly Payment

Full Calculator →
Estimated Payment
$4,321
per month
Payment Breakdown
Principal & Interest $3,535
Property Tax (est.) $583
Insurance (est.) $204
Total Monthly $4,321

* This is an estimate only. Actual payments may vary based on lender terms, credit score, property taxes, insurance rates, and HOA fees. Contact a lender for accurate quotes.

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Equal Housing Opportunity: Sinko Realty LLC is committed to the principle of equal housing opportunity. All listings are subject to the Federal Fair Housing Act.

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